VAT Calculator
Calculate VAT inclusive and exclusive prices for UK and European VAT rates
Calculation Type
VAT Details
Select your preferred currency
%
Enter the VAT rate or click a preset
£
Enter the price before VAT
Quick Examples
Add UK VAT
£100 + 20% VAT
£120.00
Remove UK VAT
£120 - 20% VAT
£100.00
Add UK Reduced VAT
£50 + 5% VAT
£52.50
VAT Amount Only
VAT on £200 at 20%
£40.00
VAT Calculation Result
Enter price and VAT rate to calculate
VAT calculation result will appear here
Price Breakdown
Understanding VAT
What is VAT?
Value Added Tax (VAT) is a consumption tax applied to goods and services at each stage of production and distribution. It's collected by businesses on behalf of the government.
UK VAT Rates
- Standard Rate (20%): Most goods and services
- Reduced Rate (5%): Energy bills, children's car seats
- Zero Rate (0%): Food, books, children's clothes
- Exempt: Insurance, education, health services
VAT Formulas
- Add VAT: Net Price × (1 + VAT Rate/100)
- Remove VAT: Gross Price ÷ (1 + VAT Rate/100)
- VAT Amount: Net Price × (VAT Rate/100)
When to Use
- Pricing: Converting between net and gross prices
- Invoicing: Calculating VAT on invoices
- Accounting: VAT return preparation
- Shopping: Understanding true cost of items
European VAT Rates
- Germany: 19% standard, 7% reduced
- France: 20% standard, 5.5% reduced
- Ireland: 23% standard, 13.5% reduced
- Spain: 21% standard, 10% reduced
- Italy: 22% standard, 10% reduced
- Netherlands: 21% standard, 9% reduced
VAT Registration
- UK Threshold: £85,000 annual turnover
- Voluntary Registration: Even below threshold
- Benefits: Reclaim VAT on business purchases
- Obligations: Submit quarterly VAT returns
Common Mistakes
- Wrong Rate: Using standard rate for zero-rated items
- Calculation Error: Adding VAT to VAT-inclusive prices
- Rounding: Rounding at wrong stage of calculation
- Mixed Supplies: Applying single rate to mixed items
Business Tips
- Clear Pricing: Always state if prices include VAT
- Invoice Requirements: Show VAT separately on invoices
- Record Keeping: Maintain proper VAT records
- Digital Records: Use Making Tax Digital compliant software